Depreciation
This query is : Resolved
Vijay Satvara
(Querist)
18 April 2014
books of kushal shows on 1st Jan 2010
furniture rs20000.during the year a
part of furniture whose book value on
1st Jan 2010 is rs1200 has been
exchanged with another furniture by
paying additional rs 500.kushal
charge depreciation at 10% pa
the net amount of the furniture to
be shown in the balance sheet will
be?????
a 18508
b 20440
c 18396
d 18478 and how?
furniture rs20000.during the year a
part of furniture whose book value on
1st Jan 2010 is rs1200 has been
exchanged with another furniture by
paying additional rs 500.kushal
charge depreciation at 10% pa
the net amount of the furniture to
be shown in the balance sheet will
be?????
a 18508
b 20440
c 18396
d 18478 and how?
Vishnu Saboo
(Expert)
18 April 2014
what is date of replacement of old furniture?
Rupesh Jain
(Expert)
18 April 2014
rs. 20000+500= 20500
20500@ 10%=2050=18450 wdv value
20500@ 10%=2050=18450 wdv value
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